UN Carbon Mechanism Faces Critical Funding Crisis
Key Paris Agreement carbon credit mechanism reports a $13 million funding gap despite high-integrity rules finalized
UN Launches New Global Carbon Trading Methodology
The UN has approved Article 6.4 carbon trading methodology, ensuring high-integrity credits and unlocking a projected $300 billion annually in climate finance
Global IT Giants Drew CDR Market in 2024
The top 20 CDR purchasers 2024 were Microsoft, Google, Meta, and Salesforce, who created the Symbiosis Coalition, promising to purchase 20 million tonnes of nature-based CDR by 2030
